Shamil shareholders can trade Ithmaar stock Monday
Ithmaar Bank said in November it planned to acquire the 40 per cent of Shamil it did not own through a share swap. Every 10 shares held by minority shareholders of Shamil were exchanged for 12 Ithmaar shares, the lenders said in a statement on Saturday.
Those shares will start trading on the Bahrain bourse on January 28, they said.
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